News

HSBC – the world’s seventh-largest bank by assets – holds accounts belonging to tens of thousands of Hong Kongers with a collective value of around 978 million British pounds, or about $1.3 ...
The bank is redeploying another $1.5 billion from underperforming or non-core areas into strategic priorities. As part of its global restructuring, HSBC has exited or divested operations in the United ...
HSBC has been named 'Best Bank for Corporates in Qatar’ at the Euromoney Middle East Awards for Excellence for the second consecutive year. HSBC Qatar CEO Abdul Hakeem Mostafawi said, “Our ...
“Our vision is to combine HSBC’s banking infrastructure with RS2’s digital payments platform to create a bank that can compete in Germany, Spain, France, Italy, and Southern Europe.
HSBC has been at the heart of the UAE’s financial ecosystem for nearly eight decades since opening its doors as the first bank in the Emirates in 1946, and the country continues to play a ...
New partnership builds on HSBC’s long-standing support of World Rugby, including as title partner of HSBC SVNS From grassroots to the global stage: 500,000+ young people have taken part in grassroots ...
Business HSBC Asset Management's global head of sustainability to depart A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico, on Jun 14, 2024. (Photo: REUTERS/Henry ...
As part of its $900 million charge for the quarter, HSBC said it took a $150 million hit to reflect heightened economic uncertainty. The bank would have taken a further $500 million charge if its ...
HSBC (HSBA.L) posted a drop in pre-tax profits for the first quarter, but announced a share buyback programme of up to $3bn (£2.23bn). In results released on Tuesday morning, the bank said profits ...
PanARMENIAN.Net - Armenia’s Central Bank has announced that HSBC Bank Armenia has officially merged with Ardshinbank. According to Resolution No. 60A of the Central Bank Board dated April 18 ...
YPF (NYSE:YPF) +9.5% in Monday's trading as HSBC upgrades shares of Argentina's state-run oil producer to Hold from Reduce with a $33 price target, raised from $21, citing improved country, sector ...
A key issue for HSBC has been pressure from activist investors in Hong Kong, including its 9% shareholder Ping An Insurance, to consider splitting the Asian operations from the rest of the bank to ...